Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Quipt Home Medical Corp (NASDAQ: QIPT) closed the day trading at $2.61 down -15.15% from the previous closing price of $3.07. In other words, the price has decreased by -$15.15 from its previous closing price. On the day, 0.73 million shares were traded. QIPT stock price reached its highest trading level at $2.82 during the session, while it also had its lowest trading level at $2.56.
Ratios:
For a better understanding of QIPT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.66.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QIPT now has a Market Capitalization of 112562568 and an Enterprise Value of 216070368. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 0.885 whereas that against EBITDA is 4.529.
Stock Price History:
Over the past 52 weeks, QIPT has reached a high of $5.29, while it has fallen to a 52-week low of $2.34. The 50-Day Moving Average of the stock is -3.69%, while the 200-Day Moving Average is calculated to be -19.67%.
Shares Statistics:
Over the past 3-months, QIPT traded about 142.63K shares per day on average, while over the past 10 days, QIPT traded about 136080 shares per day. A total of 43.09M shares are outstanding, with a floating share count of 38.65M. Insiders hold about 10.30% of the company’s shares, while institutions hold 55.50% stake in the company. Shares short for QIPT as of 1732838400 were 880128 with a Short Ratio of 6.33, compared to 1730332800 on 845201.
